This paper extends the cross sectionally augmented panel unit root test proposed by Pesaran (2007) to the case of a … the maximum number of factors, in contrast to other panel unit root tests based on principal components that require in … addition the estimation of the number of factors as well as the factors themselves. Small sample properties of the proposed …

, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period …

This paper proposes a quantile regression estimator for a heterogeneous panel model with lagged dependent variables and … Pesaran (2015) and demonstrates that the extension to the estimation of dynamic quantile regression models is feasible under … the time series dimension of the panel is large. We present an application to the evaluation of Time-of-Use pricing using …

trade using a theory-consistent structural gravity model. We exploit a rich panel data set including domestic trade flows …

This paper analyses the short- and long-run effects of trade openness on financial development in a panel including …

administrative districts between 2003 and 2016. Employing different standard panel estimation methods, we show that there is no …The paper analyses the empirical relationship between immigrants and crime using panel data for 391 German … heterogeneity of immigrant groups with respect to gender, age, country of origin and – if applicable – refugee status, and study …

the 2019Q1-2021Q2 period using a dynamic panel approach, specifically the system Generalized Method of Moments (GMM). In …

reforms which aim at opening these countries to trade and financial channels to the rest of the world. The estimation of time …-varying cross-country correlations allows the econometric investigation to be performed using a panel data framework, raising hence …

making use of a large panel of Swedish tax payers over the period 1991-2002. Changes in statutory tax rates as well as …

Cross- Sectionally Augmented ARDL approach of Chudik and Pesaran (2015b), and the panel threshold estimation of Chudik et al …